retired

On July 28, the Social Security Administration released The 2014 Annual Report of the Board of Trustees, which details the financial status of the Social Security program. The report makes clear that: Social Security is vital to millions of Americans. At the end of 2013, Social Security provided benefits to about 58 million people: 41 million retired workers and their dependents, 6 million survivors of deceased workers, and 11 million disabled workers and their dependents. Social Security’s Trust …

When Lynn Williams took the helm of the United Steelworkers union in 1983, the domestic steel industry seemed to be in a death spiral. From 1981 to 1985 – a period Williams later called a “frightful time” for the union, its members and its retirees – the basic steel industry shed some 350,000 jobs in the United States, triggering a wave of early retirements and, in many cases, putting retiree health benefits and pensions in jeopardy. >> Sign up for …

Just like the rest of us, the magnificent thoroughbreds that will be running in the Kentucky Derby eventually will grow old. But unlike us, racehorses don’t have Social Security, Medicare and 401(k) plans to rely on in their retirement years, and they don’t have control over their own fate. In the past, tragically, after their breeding days were over, even some great champions such as 1986 Derby winner Ferdinand have ended their lives in foreign slaughterhouses. But fortunately, thanks to the dedication of …

There are more than 18,000 retired NFL players. Some time ago, more than 4,500 of these former players – a full quarter of them – sued the NFL over traumatic brain injuries that they claim caused dementia, Alzheimer’s disease, and other conditions. On Aug. 28 the players settled with the NFL – ending any future claims – by agreeing to the league’s offer to pay $765 million to provide medical benefits and injury compensation for the retired players, fund medical and …

The following is a guest post by Jim Young. Want a rewarding volunteer experience in 2013? If you’re good with numbers, people or computers – or better yet, all three – AARP Foundation has opportunities right up your alley. During the 2012 tax season, AARP Foundation Tax-Aide’s 35,000 volunteers served 2.6 million taxpayers across the country. Most of the volunteers prepare federal tax returns. These folks come from every imaginable background. Some have accounting and financial experience, but that’s not …

This is a guest post by Erwin Tan, M.D. Mr. Tan is the Director of Senior Corps, a program of the Corporation for National and Community Service that engages 450,000 older Americans in service to meet community needs. Fifty years ago, President John F. Kennedy inspired a generation by asking Americans what they could do for their country. Today, as many in the baby boomer generation approach retirement age, they are still serving their country, enriching their own lives in the …